Posted on 07/26/2025 12:34:11 PM PDT by delta7
Why? What difference would it make?
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Exter’s Pyramid explains the world’s financial pecking order.
https://www.silverbullion.com.sg/Articles/Detail/Understanding-Exters-Pyramid-and-Golds-Pivota/10632
Understanding Exter’s Pyramid And Gold’s Pivotal Role In Global Finance…
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If we are found to have no Gold, or re-hypothecated Gold ( paper Gold) the USD would go down, hard …unleashing a worldwide financial crisis. As JP Morgan once said- Gold is money, everything else is credit ( debt). When one understands Exter’s Pyramid, it all becomes clear.
That’s kind of the interesting notion with Fort Knox - the gold is there, but who actually owns it now?
“Paper gold” - sounds almost as plausible as buying debt and repackaging it as an investment item.
The U.S. Treasury claims all the gold is accounted for— . . .
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Obvious question: What exactly does the U.S. Treasury mean by “is accounted for”? Could it mean it’s in the bank accounts of the Deep State criminals??
That’s right. Who owns all that gold at Fort Knox....
I saw some of it while watching Goldfinger...or at least the movie makers version of it.
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As I recall, a shipment of it passed through Mayberry back in the day! It was supposed to be top secret but Barney could never keep a secret so when the truck came through town the entire population was on Main Street waiting to welcome it!
So many great scenes.
Read post 61, Exter’s Pyramid, it is what the world financial system is based on.
That said, the USD index is down 11 percent since January, the largest decline since 1971.How does that affect you? Everything you buy from other nations costs 11 percent more in USD’s….
If you can not grasp how important Gold is then do realize the worlds biggest money on the planet , Central Banks, have recently been buying Gold in historic quantities….they know something Joe six pack doesn’t….J six pack is always the last to know.
That’s kind of the interesting notion with Fort Knox - the gold is there, but who actually owns it now?
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Has anyone posted reliable information about exactly whose job it is to oversee the day-to-day activities and operations at the Fort Knox repository? It seems to me there would be a daily/hourly record of everyone who has ever had access to the building.
I agree!
There will be NO audit.
delta7 wrote: “If we are found to have no Gold, or re-hypothecated Gold ( paper Gold) the USD would go down, hard …unleashing a worldwide financial crisis.”
Do you think we have sufficient gold to cover our currency?
In that case, what good would be an audit?
As a practical matter, yes. Many countries removed their gold reserve bars to America for safekeeping during World War II, stored deep underground beneath Manhattan. Nothing to do with Ft. Knox. The bars would be schlepped around between vaults as balance of payments between different countries ebbed and flowed. If a country had ten tons of gold on balance then yes, all of it “should” be there, in their vault.
Not necessarily the exact same bars. “Good delivery” bars are approximately 400 ounces troy and .999 fine purity, they trade on the exchanges though never leave the vaults. Ft. Knox bullion, on the other hand, presumably still comprised mostly of what are known as “coin melt” bars, the product of the 90 per cent good 10 per cent copper gold coin confiscation by the government in the 1930s. They are not specified fineness or eligible for futures trading or settlement.
Canada decided to sell or lease their good holdings right when it was undervalued or hitting lows, when it was around $275 an ounce many years ago. Very curious for their finance ministers to do this, no good reason from any sane financial perspective.
Harry Browne long deceased, recommended a 25% allocation each of Stocks, Bonds, Gold bullion, and Real Estate, and re-allocate periodically to maintain this ratio in dollar terms. Not a bad plan overall.
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